Goldman Sachs Community Development Grants Program

Goldman Sachs Bank USA

Funding Amount

Up to US $1,050,000

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Geography

  • Operating in one or more of the following geographies

Required status

  • 501(c)(3) tax-exempt status

Other requirements

  • Internal Revenue CodeClear focus on community development, particularly the needs for LMI households and communities.

Overview

The Goldman Sachs Community Development Grants Program aims to strengthen low- and moderate-income communities through funding for nonprofits. This initiative includes multi-year unrestricted grants and one-time grants for homeownership initiatives. Eligible organizations must focus on community development, particularly in New York City and parts of New Jersey and Utah. The program emphasizes affordable housing, small business development, and neighborhood revitalization, aligning with the urgent community needs identified through extensive partner consultations.

At Goldman Sachs, we believe that strong communities are the foundation of a prosperous society. Through our Community Development Grants Program, we provide funding for non-profits that are making a difference in low- and moderate-income (LMI) communities.
Eligible not-for-profit organizations are invited to apply for funding from the Goldman Sachs Bank USA Community Development Grants Program. The grants program seeks to support community development programs that serve low- and moderate- income individuals or communities and address key community needs such as:
Affordable housingCommunity services such as education, including financial education for youth and consumersSmall business developmentNeighborhood revitalization
The Equity Builders Initiative will provide organizations with 3-year unrestricted grants. Organizations must focus on affordable housing, small business development, neighborhood revitalization, and/or community services.
In addition to the new Equity Builders Initiative, we are also continuing our practice of offering 1-year program-related grants. Select organizations will receive a one-time grant up to $200,000.
Multi-year Unrestricted Grants
Through more than 50 meetings with nonprofit partners in 2023, we heard an urgent need for trust-based, multi-year, general operating grants.
As a result, we are introducing our new Equity Builders Initiative, which will award more than $1 million in unrestricted funding over three years to each selected organization.
Eligible organizations must serve New York City, Hudson and Essex Counties in New Jersey, or Salt Lake City, UT.
LMI Homeownership Focused Grant
In addition to the new Equity Builders Initiative, we are also continuing our practice of offering 1-year program-related grants.
Select organizations will receive a one-time grant up to $200,000 towards their homeownership initiative.
Eligible organizations must serve New York City, Hudson and Essex Counties in New Jersey, or Salt Lake City, UT.

Eligibility

To be eligible, applicants must meet the following criteria:Domestic, nonprofit, tax-exempt organizations under section 501(c)(3) of the U.S. Internal Revenue CodeClear focus on community development, particularly the needs for LMI households and communitiesHeadquartered or majority operating in one or more of the following geographies: New York (New York County, Bronx County, Kings County, Richmond County, Queens County), New Jersey (Hudson County, Essex County), and Utah (Salt Lake County, Summit County, Tooele County).

Focus Areas & Funding Uses

Fields of Work

  • Nonprofits
  • Affordable housing
  • Small businesses
  • Community development
  • Community services
  • Education

Categories

Browse similar grants by category

Related Grants

Open grants from this funder and similar programs

Your AI grants department

Ready to apply for Goldman Sachs Community Development Grants Program?

Grantable helps you assess fit, draft narratives, and track deadlines — so you can submit stronger applications, faster.

You found Goldman Sachs Community Development Grants Program. Now let's win it.

Start writing